WGU D080
WGU D080 OA Version III | Objective Assessment
| 198 Questions and Answers | 2025 Update | 100%
Correct.
production of goods they can produce at a lower opportunity cost
than others.
, protectionism absolute advantage
mercantilism comparative advantage
2 of 198
very important to globalization and primary means of foreign direct
investments (FDI)
multinational corporations
domestic corporations
(MNCs)
labor unions intergovernmental organizations (ios)
, 3 of 198
Reduces the importance of nation-states
Loss of sovereignty and power of local government
negative outcomes of political
strengthens national identity
globalization
enhances the power of local
increases local autonomy
government
4 of 198
taxes imposed on imported goods based on their value, rather than
their quantity or weight.
calculated as a percentage of the price of the goods, making it a
flexible form of taxation that adjusts with market
, compound tariff infant industry tariff
ad valorem tariff nominal tariff
5 of 198
Any situation where the production or distribution of goods or services
crosses countries borders
International business National business
Environmental business Domestic business
6 of 198
going global stage where companies disaggregate the production
process and focus on completing each activity in the most
advantageous location
WGU D080 OA Version III | Objective Assessment
| 198 Questions and Answers | 2025 Update | 100%
Correct.
production of goods they can produce at a lower opportunity cost
than others.
, protectionism absolute advantage
mercantilism comparative advantage
2 of 198
very important to globalization and primary means of foreign direct
investments (FDI)
multinational corporations
domestic corporations
(MNCs)
labor unions intergovernmental organizations (ios)
, 3 of 198
Reduces the importance of nation-states
Loss of sovereignty and power of local government
negative outcomes of political
strengthens national identity
globalization
enhances the power of local
increases local autonomy
government
4 of 198
taxes imposed on imported goods based on their value, rather than
their quantity or weight.
calculated as a percentage of the price of the goods, making it a
flexible form of taxation that adjusts with market
, compound tariff infant industry tariff
ad valorem tariff nominal tariff
5 of 198
Any situation where the production or distribution of goods or services
crosses countries borders
International business National business
Environmental business Domestic business
6 of 198
going global stage where companies disaggregate the production
process and focus on completing each activity in the most
advantageous location
